Thursday, September 27, 2007
NYTimes - Outsourcing Works, So India Is Exporting Jobs|
I remember a software company, probably Sierra On-Line, in Steven Levy's book, Hackers, tried to do the same thing - train non-programmers to be programmers - because the company thought they could save money.
Guess what? It didn't work. Unless you're planning on cranking out a bunch of somewhat-competent programmers with maybe one or two superheroes in the bunch, it just doesn't work. Maybe these Indian companies have come up with a new formula. But I severely doubt it.
The American program here in Mysore is meant to keep open that pipeline of diversity.
Friday, September 21, 2007
Bloomberg: India Brokers Desert CLSA, JPMorgan for Local Firms, Millions|
PMorgan Chase & Co. and Prudential Plc also have had defections in India. Domestic brokerages are winning staff with signing bonuses of $2.7 million and more, plus equity stakes. The competition is about to worsen as unlisted local brokers plan initial public offerings to fund expansion and as India's largest companies enter the industry.
Sunday, September 16, 2007
NY Times - Bye, Bye B-School|
Three years into his new job, Mr. Hammond noticed something. Very few of his young co-workers were taking a hiatus from Wall Street to go to business school, long considered an essential rung on the way to the top of the corporate ladder.
Friday, September 07, 2007
MSNBC - Thrown off plane for outfit deemed too skimpy|
It doesn’t take much to get thrown off an airplane these days, as Kyla Ebbert found out when a Southwest Airlines employee told her she was too bare for the air. Two months later, she’s still trying to figure out what was wrong with her outfit.
Wednesday, September 05, 2007
NYTimes - Doctor Links a Man’s Illness to a Microwave Popcorn Habit|
A fondness for microwave buttered popcorn may have led a 53-year-old Colorado man to develop a serious lung condition that until now has been found only in people working in popcorn plants.